Amid the trade rumors and with the deadline quickly approaching, Los Angeles Lakers general manager Mitch Kupchak and Jim Buss, who is executive vice president of player personnel of the team, will be holding meeting Wednesday night to discuss possible trade scenarios, according to Sean Deveney of Sportingnews.com.

The Lakers have been active in the trade market over the past several weeks as they are looking to deal players in order to decrease the near $12 million in luxury tax that is expected to hit the organization at season’s end.

So with that said, Los Angeles over the past month has held talks with several teams involving a deal that would trade away forward Pau Gasol, who is making $19.3 million this season on his expiring contract.

Most recently, there have been conversations with the Phoenix Suns for a proposed exchange of Gasol for center Emeka Okafor, who is making $14.3 million this season and has yet to play this year due to a neck injury.

Los Angeles also has interest in moving forward Jordan Hill, who is making $3.5 million this season, to the Brooklyn Nets in what essentially is a salary dump that would erase $6 million in luxury tax for the Lakers.

The Suns and the Cleveland Cavaliers have also emerged as possible destinations for the 26-year-old.

Finally, Los Angeles is also deciding whether or not to trade guard Steve Blake and his $4 million expiring contract. Once again, each of these potential moves if made would be completed with the priority of the team minimizing their luxury tax bill.

Bob Garcia IV

Bob Garcia IV is a sports journalist from Southern California. He's currently the Los Angeles Lakers beat writer for Sports Out West. He was previously the beat writer for LA Rams Report for Scout.com, which is a website dedicated to covering the Rams. Lastly, he was a reporter for the award-winning newspaper, The Daily Sundial, at California State University, Northridge. You can follow him on Twitter, @BGarcia90.